The fixed income strategist sees arbitrage opportunities in Europe, even with negative yields, and likes mortgage-backed securities in the U.S., but warns it is not a time to be married to any one position.
Firms may be cognizant that the wealth gap is an issue, but may feel they don't have the tools or language to respond, said Chloe McKenzie, CEO of On a Wealth Kick, speaking at Schwab IMPACT.
